Fairness Metric

Definition

A fairness metric is a quantitative measure used to assess the fairness or equity of an algorithm or system in terms of its impact on different groups or individuals. It helps evaluate whether there are any biased outcomes or discriminatory patterns in the decision-making process.

Related terms

Bias:

Bias refers to a systematic error or prejudice in data collection, analysis, or decision-making that results in unfair advantages or disadvantages for certain groups.

Discrimination: Discrimination occurs when there is differential treatment based on specific characteristics such as race, gender, age, etc., leading to unfair outcomes.

Algorithmic Fairness: Algorithmic fairness focuses on developing and evaluating algorithms that do not result in biased or discriminatory outcomes.